Italy needs 71GWh of new grid-scale...
August 19, 2023
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August 19, 2023
Italy needs 71GWh of new grid-scale storage by 2030, says grid operator Terna – Energy Storage News
A total of 71GWh of new grid-scale energy storage needs to be deployed in Italy by 2030 for it to decarbonise its energy system in line with the EU targets. Transmission system operator (TSO) Terna released its ‘Study on Reference Technologies for Electricity Storage’ report last week (10 August), one of the requirements under a recent […]
August 6, 2023
Field gets £200 million investment from DIF Capital Partners
Battery energy storage system (BESS) developer Field has received a £200 million investment from DIF Capital Partners. Field will use the funds provided by the infrastructure equity fund manager to support the development of its 4.5GWh pipeline of grid-scale BESS projects across the UK and Western Europe. In the UK, Field has a number of […]
July 22, 2023
Macquarie-backed Eku Energy and NHOA to build 130MWh BESS projects for 2024 COD in UK
Developer Eku Energy, backed by global investor Macquarie, and system integrator NHOA will start building two battery energy storage system (BESS) projects totalling 130MWh. Eku announced it had placed an order with Italy-headquartered NHOA, which provides EV infrastructure and BESS solutions, for the projects in Essex and Buckinghamshire today (20 July). Construction on the sites […]
July 9, 2023
Cambridge Power has secured planning permission for a 50MW BESS in Newcastle upon Tyne
Cambridge Power has secured planning permission for a 50MW battery energy storage system (BESS) in Newcastle upon Tyne, north-east England. The currently derelict site in Lemington will see “distinct improvements” provided as part of the scheme put forward by the developer. These enhancements will provide heritage and biodiversity benefits. Cambridge Power has committed to repairs […]
July 1, 2023
Fife Council approves Renewable Connections’ 42MW battery energy storage system
Solar and battery storage developer Renewable Connections has been given the greenlight to develop a 42MW battery energy storage system (BESS) in Dunfermline, Fife. With Fife Council’s Planning Committee having approved the associated cable route and infrastructure on 7 June, the UK-based firm now has the oportunity to progress the project to the next steps. […]
June 10, 2023
‘Europe’s biggest BESS’ netted nearly US$3 million revenues in Q1 2023
Europe’s biggest battery storage system in megawatt-hour (MWh) terms earned £2.3 million (US$2.85 million) revenues during its first full quarter in commercial operation. UK-based investment fund Harmony Energy Income Trust said recently that its Pillswood Battery Energy Storage System (Pillswood BESS) in northern England was one of the best-performing battery storage assets in Britain in […]
May 23, 2023
Megawatt Mosaic has analysed 744 Italian substations
MM will move into profitability this year in its first year of trading. Along with our partners, Megawatt Mosaic has analysed 744 Italian substations. As of 1 April 2023, we have 1.37GWn in grid capacity request, of which 882MWn is grid authorised. MM is now diversifying into other markets, to bring BESS (Battery Energy Storage […]
May 21, 2023
Octopus and Masdar agreement to support £1bn investment in UK battery storage
Octopus Energy has signed a framework agreement with Masdar to use Octopus’ technology platform Kraken to flexibly manage the clean energy developer’s UK battery storage portfolio. The agreement – signed by Mohamed Jameel Al Ramahi, CEO of Masdar and Greg Jackson, Founder and CEO of Octopus at the UAE Climate Tech Forum – follows Masdar’s […]
May 14, 2023
Largest UK battery energy storage facility comes online
The $15.7m facility will use Tesla lithium-ion batteries and double TagEnergy’s storage capacity. TagEnergy and Harmony Energy have completed construction on the UK’s largest battery storage facility with a capacity of 99MWh. The $38m (£30m) development has a throughput of 49.5MW and lies near Luton, in the southeast of the UK. International bank Santander UK […]
May 7, 2023
UK battery energy storage market to grow to 24GW by 2030, says Rystad Energy
The UK’s battery energy storage market will grow to 24GW by the end of the decade and account for almost 9% of all global capacity installations, energy research firm Rystad Energy said. Utility-scale battery systems could also present an opportunity investment in the battery storage space with Rystad having said it could “attract investment of […]
Field gets £200 million investment from...
August 6, 2023
Macquarie-backed Eku Energy and NHOA to...
July 22, 2023